Lenovo Reports 64% Profit Decline in Fourth Quarter
10 Articles
10 Articles
Lenovo Breaks Even On Datacenter Hardware, Makes It Up In Services
Here is how you know you are in a tough business: No matter what you do, no matter how hard your people work and how smart they are, no matter that you are riding the wild tiger of AI growth and revenues have grown marvelously, you can’t make any money. … Lenovo Breaks Even On Datacenter Hardware, Makes It Up In Services was written by Timothy Prickett Morgan at The Next Platform.
Lenovo boasts near record revenues but profits slump – Blocks and Files
Lenovo reported its second-ever highest revenues for the fourth fiscal 2025 quarter as unexpected tariff rises affected profitability. Revenues in the quarter, ended March 31, were up 23 percent Y/Y to $17 billion, with GAAP net income of $90 million, down 64 percent from the year-ago $248 million. Full fy2025 revenues were 21 percent higher […]
China’s Lenovo posts quarterly profit far short of estimates, shares slide – Reuters
China’s Lenovo Reports Quarterly Profit Below Expectations, Shares Decline In a disappointing turn for one of the world’s leading technology companies, Lenovo Group Ltd. has announced a quarterly profit that fell significantly short of market expectations, prompting a notable decline in its stock value. The Beijing-based PC and smart device manufacturer reported its latest financial [...]
Chinese company Lenovo, a leading supplier of laptops and PCs, reported its fourth fiscal quarter. Profit for the period fell by 64% year-on-year, and this result is much worse than forecasts.
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